The Week of July 1, 2019....

When we look around the markets I see conformity at the moment. There is not a lot of surprises in store I don't think other than the possible collapse of crypto's after making their staggering run. I am still short Bitcoin and will likely …

Gold Price Action....Where To?

You can see on the monthly chart below that Gold has risen nicely from around the 1300 area where I entered a small buy. I have been holding it for a while now to see if we would get a substatial move above 1380 which is the area in the past where …

Shorting Bitcoin.....How To Do It?

Well, Bitcoin is beginning to crumble as I suspected it would. The bigger problem is its incredible volatility where you can make good money if you have the direction right but not worth the risk with a smaller account.
I went short at the 38 Fib a…

Bitcoin Revisited and Where to From Here....

Well if you are a Fibonacci guy you are poised for Bitcoins continued sell-off. That may or may not happen.
I like to admit clearly when I am wrong. I people to see it too because with how many times I get it right over the years it makes me human.…

AI, Algorithms and Data...

Big data is everywhere. It is the new gold as they say. The new way to get rich as companies seek ever more sources of reliable data. This has been going on in the markets for quite some time but is only now catching on mainstream. The use of big a…

The Gold Bugs....Ya Gotta Love 'Em....

Well, the gold bugs are at it again. It seems that every time that the price of gold ticks up with any sort of momentum at all they become a little giddy. I don't think at the moment there is anything to be giddy about just yet. Yes, gold is ce…

Do Bonds Mean Stocks are Going to Collapse?

It has always been said that the Bondholders and traders are a step ahead of everyone else.
Are they in this case?
I don't think so. I think that finally, they are beginning to catch on to the fact that the sideways markets we are in are headin…

Debt and Why You Should Care...

Let's face it, most of the gains of the past ten years have been off the back of borrowing from the future. That is the essence of debt. People often forget what it is and why it is significant.
When you borrow from your future to create a need…